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28 Murphy Grove
Preston, VIC 3072

Sale: $1,275,000 - $1,350,000

2
Bed
1
Bath
1
Cars
Property Type: House
Last Updated: 07 Apr 2026
Overview

Rare Preston Double Play: Character Home and Permits for 3 Townhouses

Whether you're looking to renovate a classic, land-bank for the future, or break ground immediately on a high-end development, 28 Murphy Grove is the "unicorn" you've been searching for. This property offers the best of both worlds: a charming, liveable weatherboard home and endorsed plans and permits for three stunning, architecturally designed townhouses.The Project: Shovel-Ready ExcellenceSkip the years of planning stress. The hard work has been done, with endorsed plans ready for a sophisticated triple-townhouse development:• Modern Architectural Design: Striking vertical cladding and elegant pitched roofs ensure these residences will be the talk of the street.• Seamless Living: Each home is designed with an emphasis on light, featuring floor-to-ceiling glass and seamless transitions to private outdoor zones.• Smart Site Utilisation: The layout maximises the deep allotment, providing privacy and generous landscaped courtyards for every residence.The Residence: Classic Charm & Immediate ComfortWhile you finalise your builders, enjoy a highly rentable or liveable character home filled with period details:• Period Features: Polished timber floorboards, high ceilings, and ornate ceiling roses throughout.• Flexible Floor Plan: Features two large bedrooms-a master (4.0m x 3.6m) and a second bedroom (3.3m x 3.1m)-both offering ample space.• Spacious Living: A bright living room (3.6m x 4.2m) with split-system AC, plus a separate formal dining room (3.6m x 3.8m) with a wall heater.• Large Kitchen/Meals: A functional space (4.3m x 4.1m) equipped with a dishwasher and oven.• Massive Backyard: Includes an entertaining deck and a standalone single garage/workshop (3.3m x 6.5m).The Location: Heart of PrestonPositioned in one of the North's most consistent growth corridors, you are moments from vibrant cafes, local schools, and extensive parklands. Excellent public transport links provide a direct and easy commute to the CBD.This is a rare opportunity to secure a "triple-threat" development site in a premium pocket. Build the dream or hold for the future-the choice is yours.For a full information pack, including endorsed plans and permits, contact us today.Since the permits are already endorsed, are you planning on starting the build yourself, or are you more interested in the land-banking potential of the existing house?

Location
28 Murphy Grove
Preston VIC 3072
Market Insights for Preston VIC 3072
New Listings (last 30 days)
7
Average price
$933,571
Lowest price
$410,000
Highest price
$1,400,000
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